Traverse City Investment Analysis
Investment Property in Traverse City, MI
Traverse City, MI Real Estate Investment Performance
$ 451,232
Median
1,905
Avg/Sq.ft.
3.00%
Traditional
3.00%
Airbnb
366
Investment
307
Airbnb
58
Traditional
34%
Airbnb occupancy rate
Traverse City, MI Properties Rental Prices
Predict Short-Term Rental Revenue
Want to host your STR property on Airbnb?
Our Airbnb calculator is a free tool to calculate how much can you make on Airbnb.
Investment Properties for Sale in Traverse City, MI
$272,000
MLS 1929638
Single Family Residential
CAP RATE
Trad.
4.62%
Airbnb
9.58%
$179,000
MLS 1927345
Condo/Coop
CAP RATE
Trad.
5.19%
Airbnb
7.95%
$377,000
MLS 1929493
Single Family Residential
CAP RATE
Trad.
4.84%
Airbnb
7.77%
$324,900
MLS 78080051235
Condo/Coop
CAP RATE
Trad.
3.68%
Airbnb
7.14%
$375,000
MLS 1923893
Single Family Residential
CAP RATE
Trad.
4.50%
Airbnb
7.04%
$197,500
MLS 1928781
Single Family Residential
CAP RATE
Trad.
2.51%
Airbnb
6.97%
$225,000
MLS 78080052037
Condo/Coop
CAP RATE
Trad.
2.89%
Airbnb
6.87%
$375,000
MLS 78080049921
Condo/Coop
CAP RATE
Trad.
3.07%
Airbnb
6.02%
Single Family Houses for Sale in Traverse City, MI
$272,000
MLS 1929638
Single Family Residential
CAP RATE
Trad.
4.62%
Airbnb
9.58%
$377,000
MLS 1929493
Single Family Residential
CAP RATE
Trad.
4.84%
Airbnb
7.77%
$375,000
MLS 1923893
Single Family Residential
CAP RATE
Trad.
4.50%
Airbnb
7.04%
$197,500
MLS 1928781
Single Family Residential
CAP RATE
Trad.
2.51%
Airbnb
6.97%
$495,000
MLS 1928106
Single Family Residential
CAP RATE
Trad.
4.80%
Airbnb
5.58%
$230,000
MLS 1927989
Single Family Residential
CAP RATE
Trad.
3.57%
Airbnb
5.48%
$305,900
MLS 1926365
Single Family Residential
CAP RATE
Trad.
3.84%
Airbnb
4.93%
$299,900
MLS 1926780
Single Family Residential
CAP RATE
Trad.
6.74%
Airbnb
4.90%
Condos for Sale in Traverse City, MI
$179,000
MLS 1927345
Condo/Coop
CAP RATE
Trad.
5.19%
Airbnb
7.95%
$324,900
MLS 78080051235
Condo/Coop
CAP RATE
Trad.
3.68%
Airbnb
7.14%
$225,000
MLS 78080052037
Condo/Coop
CAP RATE
Trad.
2.89%
Airbnb
6.87%
$375,000
MLS 78080049921
Condo/Coop
CAP RATE
Trad.
3.07%
Airbnb
6.02%
$339,900
MLS 1927307
Condo/Coop
CAP RATE
Trad.
2.69%
Airbnb
5.94%
$229,000
MLS 1929492
Condo/Coop
CAP RATE
Trad.
4.62%
Airbnb
5.66%
$229,000
MLS 1929169
Condo/Coop
CAP RATE
Trad.
4.62%
Airbnb
5.66%
$230,000
MLS 1926891
Condo/Coop
CAP RATE
Trad.
4.94%
Airbnb
5.63%
Top Traverse City, MI Neighborhoods - Real Estate Market Analysis
Kids Creek
$429,000
Median for city
2.96%
Traditional
6.20%
Airbnb
$ 2,018
Traditional
$ 3,177
Airbnb
43%
Airbnb occupancy rate
Traverse Heights
$429,000
Median for city
3.28%
Traditional
6.72%
Airbnb
$ 2,102
Traditional
$ 3,491
Airbnb
40%
Airbnb occupancy rate
Old Towne
$429,000
Median for city
1.58%
Traditional
2.91%
Airbnb
$ 1,912
Traditional
$ 2,980
Airbnb
41%
Airbnb occupancy rate
Slab Town
$429,000
Median for city
5.42%
Traditional
6.14%
Airbnb
$ 1,806
Traditional
$ 3,354
Airbnb
43%
Airbnb occupancy rate
Central
$429,000
Median for city
0.45%
Traditional
2.72%
Airbnb
$ 1,646
Traditional
$ 3,184
Airbnb
40%
Airbnb occupancy rate
Oak Park
$429,000
Median for city
2.04%
Traditional
3.33%
Airbnb
$ 1,917
Traditional
$ 3,491
Airbnb
40%
Airbnb occupancy rate
Downtown
$429,000
Median for city
2.60%
Traditional
0.65%
Airbnb
$ 1,743
Traditional
$ 2,896
Airbnb
41%
Airbnb occupancy rate
Boardman
$429,000
Median for city
-0.86%
Traditional
-0.27%
Airbnb
$ 1,328
Traditional
$ 2,892
Airbnb
41%
Airbnb occupancy rate
Popular Blog Posts
In the Spotlight: New Airbnb Comps Filters, Save Filters as Presets & More
Oct 30 2024
, by Ramonelle Lyerla
Popular Airbnb Topics
![%=topPerformingBlogs[i].title%>](https://images.mashvisor.com/40X40/C/https://www.mashvisor.com/blog/wp-content/uploads/2019/12/The-Most-Profitable-Types-of-Real-Estate-Investment-for-2020-585x390.jpg)
![%=topPerformingBlogs[i].title%>](https://images.mashvisor.com/40X40/C/https://www.mashvisor.com/blog/wp-content/uploads/2023/08/best-airbnb-locations-585x390.jpg)
The Best Airbnb Locations: Top US Cities for Investment and Profit
Oct 14 2024
, by Celso Trinidad Jr.
![%=topPerformingBlogs[i].title%>](https://images.mashvisor.com/40X40/C/https://www.mashvisor.com/blog/wp-content/uploads/2022/01/5-Tips-for-Investing-in-the-California-Housing-Market-585x390.jpg)
![%=topPerformingBlogs[i].title%>](https://images.mashvisor.com/40X40/C/https://www.mashvisor.com/blog/wp-content/uploads/2020/03/The-10-Best-Places-to-Invest-in-Real-Estate-In-Florida-in-2020-585x390.jpg)
![%=topPerformingBlogs[i].title%>](https://images.mashvisor.com/40X40/C/https://www.mashvisor.com/blog/wp-content/uploads/2022/02/How-to-Find-Out-the-Airbnb-Demand-in-My-Area-585x390.jpg)
Best Short Term Rental Markets
Find great vacation rentals for sale in the top performing markets
Short Term Rentals For SaleAirbnb Vacation Rentals in Traverse City, MI
![[New] Downtown TC townhouse](https://images.mashvisor.com/40X40/C/https://a0.muscache.com/im/pictures/miso/Hosting-1000234639915600579/original/1f805cda-57c5-403f-9f31-9fbe95c0142b.jpeg)
$326 per night
Airbnb occupancy rate 28%
Condominium 2 · 2 · 6
Rental Income: $2,771 per month
17
$110 per night
Airbnb occupancy rate 62%
Apartment 1 · 1 · 4
Rental Income: $2,078 per month
16
$700 per night
Airbnb occupancy rate 39%
Condominium 2 · 2 · 5
Rental Income: $8,273 per month
15
$131 per night
Airbnb occupancy rate 27%
Condominium 2 · 2 · 6
Rental Income: $1,092 per month
13
$185 per night
Airbnb occupancy rate 44%
Condominium 2 · 2 · 6
Rental Income: $2,487 per month
13
$233 per night
Airbnb occupancy rate 43%
Condominium 2 · 2 · 4
Rental Income: $3,052 per month
13
$290 per night
Airbnb occupancy rate 48%
Condominium 2 · 2 · 6
Rental Income: $4,205 per month
13
$214 per night
Airbnb occupancy rate 46%
Condominium 2 · 2 · 6
Rental Income: $2,996 per month
13
Real Estate Investment Analysis - Other Cities in michigan
| City Name | Property price | Cash on cash return | Rental Income | No. of Properties | Airbnb Occupancy Rate | ||
|---|---|---|---|---|---|---|---|
| Median | traditional | Airbnb | traditional | Airbnb | |||
| Redford | $177,500 | 7% | 7% | $1,793 | $2,590 | 160 | 58% |
| Lincoln Park | $159,900 | 8% | 11% | $1,606 | $2,729 | 61 | 56% |
| Garden City | $199,900 | 6% | 7% | $1,719 | $2,609 | 41 | 59% |
| Walled Lake | $261,999 | 4% | 7% | $2,133 | $3,646 | 33 | 61% |
Vacation Rentals for Sale in michigan
Your search for investment property begins and ends here